Urban League of Lexington-Fayette Co

Analysis

Urban League of Lexington-Fayette Co is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in March 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Urban League of Lexington-Fayette Co reported income of $2.3m and spending of $865k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.3m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 238%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban League of Lexington-Fayette Co sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Independent Community Living Inc ($2.3m), Early Learning Shared Services Alliance Inc ($2.3m) and Center for Child & Family Services Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $403k. At year end it held assets of $2.5m against liabilities of $186k, net assets of $2.3m. It reported 6 employees.